1404 Meander DR # A, Austin TX 78721

My analysis of 4 comparable properties puts this home's estimated value at $559,435. Based on how the local market is moving, a list price between $429,000 and $439,000 would position this home well. Buyers shopping in LINCOLN GARDENS right now would see this as a well positioned option among 3 comparable homes. Being 229 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.24 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 3 comparable homes in LINCOLN GARDENS; a buyer's market based on recent absorption. The 6 month price trend in 78721: risen 8.9%. The best comp here is 1126 Lott Ave # B, Austin TX 78721 at an adjusted value of $453,279, with a larger floor plan. With 4 comparable sales in LINCOLN GARDENS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group